Question - Most stimulus packages for small business cash flow relief roll off globally in June. with most countries already having added 20%+ of GDP in debt to finance it, is it even possible for the EU to do more or is it constrained by its own criteria for country debts?
It's a genuine question because I am not sure that EU countries have an ability to add any more fiscal, even with the ECB buying bonds.
Thoughts appreciated.
Also...
Thoughts appreciated.
Also...
Also, can the US justify much more stimulus with the markets pricing in a full recovery on H2? Or do we need to see existing stimulus roll off first and see how growth settles in Q3 and assess ongoing hit to cash flows then?
Just trying to think this all through, post-June.
Just trying to think this all through, post-June.
